Make Sure You Stick With Genco Shipping & Trading Limited (GNK). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Genco Shipping & Trading Limited is listed on the NYSE in the Industrials sector while operating in the Marine Shipping industry. The current market capitalization of Genco Shipping & Trading Limited is $609.73M. A total of 0.97 million shares were traded on the day, compared to an average of 526.39K shares.

In the most recent transaction, Christensen Jesper sold 13,602 shares of GNK for 13.96 per share on Feb 24 ’25. After the transaction, the Chief Commercial Officer now owns 57,322 company shares. In a previous transaction on Feb 24 ’25, Allen Peter George sold 8,984 shares at 13.96 per share. GNK shares that Chief Financial Officer owns now total 45,251.

Among the insiders who sold shares, Adamo Joseph disposed of 6,226 shares on Feb 24 ’25 at a per-share price of $13.96. This resulted in the Chief Accounting Officer holding 26,829 shares of GNK after the transaction. In another insider transaction, WOBENSMITH JOHN C sold 31,990 shares at $13.96 per share on Feb 24 ’25. Company shares held by the CEO, President, and Secretary now total 498,673.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Genco Shipping & Trading Limited pays an annual dividend of $1.57, resulting in a dividend yield of 11.01%, and it has a price to earnings (P/E) ratio of 8.15. GNK’s most recent ex-dividend date was 11% when it declared a $0.30 quarterly dividend that was paid in cash on 3/11/2025. Previously, the company paid the dividend on 11/18/2024 with an ex-dividend date of 9.1%. The GNK stock dividend was $0.40 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, GNK has a high of $23.43 and a low of $13.51.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. GNK’s latest balance sheet shows that the firm has $114.57M in Cash & Short Term Investments as of fiscal 2021. There were $246.29M in debt and $41.90M in liabilities at the time. Its Book Value Per Share was $21.67, while its Total Shareholder’s Equity was $916.67M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GNK is Buy with a score of 4.43.

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